4232 N 76th STREET Milwaukee, WI 53222
First-floor commercial unit is set up for office use with multiple offices and a conference room.
Property Features for 4232 N 76th STREET
General Information
- Standard status
- Active
- Size
- 2,446 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1957
Listing office South Metro (414) 423-1500
Listing date Jul 6, 2026
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of South Metro
Investment Insights
Based on property information with market context.
The property includes asphalt parking in the rear that can accommodate approximately 10–15 cars. Upstairs, there are two one-bedroom apartments, with one described as already rented and the other renovated and move-in ready.
Overall, the layout supports combined income from the office and residential units within the same building.
Key Highlights
- Brick 2‑story mixed‑use building with a full basement
- First‑floor commercial unit set up for office use with multiple offices and a conference room (over 1,200 SF)
- Two upstairs 1‑bedroom apartments: one rented and one renovated and move‑in ready
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $15.00 |
| − Vacancy | −$1.5k | −$0.63 |
| EGI | $35.1k | $14.37 |
| − OpEx | −$10.5k | −$4.31 |
| NOI | $24.6k | $10.06 |
